Alliance Aviation pulls IPO

Note: This section contains information in English only.
Source: Marketwatch

Alliance Aviation Services, Australia-based transportation company, pulled its IPO in order to raise about 120 million Australian dollars despite market being bleak and IPO market being tough in Australia. It is the largest IPO in Australia after Collins Foods listing in August.  The S&P/ASX 200 gained 0.7% on Tuesday.

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